Loan Officers Salary in Springfield, MA (2026)
Source: BLS OEWS · Springfield, MA · 150 employed
The average Loan Officers salary in Springfield, MA is $101,380 per year. The middle 50% of Loan Officerss earn between $66,710 and $126,250. Top earners in the 90th percentile make $171,840 or more. Entry-level positions typically start around $50,820. The median of $83,030 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Springfield, MA
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $50,820 |
| 25th Percentile | $66,710 |
| Median (50th Percentile) | $83,030 |
| Mean (Average) | $101,380 |
| 75th Percentile | $126,250 |
| 90th Percentile (Top earners) | $171,840 |
Related Jobs in Springfield, MA
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $160,510 |
| Management Analysts | $120,950 |
| Financial and Investment Analysts | $106,750 |
| Project Management Specialists | $103,600 |
| Cost Estimators | $96,240 |
| Insurance Underwriters | $94,720 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in Springfield, MA?
The average Loan Officers salary in Springfield, MA is $101,380 per year, according to BLS OEWS.
What is the median Loan Officers salary in Springfield, MA?
The median Loan Officers salary in Springfield, MA is $83,030 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Springfield, MA?
Entry-level Loan Officerss in Springfield, MA typically earn around $50,820 per year (10th percentile). Workers in the 25th percentile earn about $66,710.
What do the highest-paid Loan Officerss earn in Springfield, MA?
The highest-paid Loan Officerss in Springfield, MA earn $171,840 or more per year (90th percentile). The 75th percentile wage is $126,250.
How many Loan Officerss work in Springfield, MA?
There are approximately 150 Loan Officerss employed in the Springfield, MA area, per BLS OEWS.